Colon

Colon : Colon

Collections System - U.S. Customs

A part of U.S. Customs’ Automated Com¬mercial System, controls and accounts for the billions of dollars in payments collected by Customs each year and the millions in refunds processed each year. Daily state¬ments are prepared for the automated brokers who select this service. The Collections System permits electronic payments of the related duties and taxes through the Auto¬mated Clearinghouse capability. Automated collections also meets the needs of the importing community through acceptance of electronic funds transfers for deferred tax bills and receipt of electronic payments from lockbox op¬erations for Customs bills and fees - Automated Com¬mercial System

Collective Mark - law

A trademark or service mark that a cooperative, as¬sociation, or other collective group uses in commerce. A mark used to indicate membership in a union, association or other organization.

Colon

The currency of Costa Rica : 10 = 100 centimos

El Salvador : 10 = 100 centavos

Colorable Imitation - law

A mark that is so similar to another registered trade¬mark or service mark that it may be considered as calcu¬lated to deceive an ordinary person

Colorable Transaction - law

A transaction that in appearance does not corre¬spond to the actual transaction and that is usually intended to conceal or deceive

Column 1 Rates - U.S. Customs

The Flarmonized Tariff Schedules of the United States (FITS) is an organized listing of goods and their import duty rates which is used as the basis of classitying products for entry to the United States. Column 1 duty rates in the HTS are low and apply to imports from countries that have achieved Most Favored Nation (MFN) trading status with the United States - Harmonized Tar¬iff Schedule of the United States - column 2 rates

Column 2 Rates - U.S. Customs

The Harmonized Tariff Schedules of the United States (HTS) is an organized listing of goods and their import duty rates which is used as the basis of classi¬fying products for entry to the United States. Column 2 duty rates in the HTS apply to imports from countries that do not have Most Favored Nation (MFN) trading status with the United States - Harmonized Tariff Schedule of the United States - column 1 rates

Combi Aircraft

combination aircraft

Combination Aircraft - shipping

An aircraft capable of transporting both passen¬gers and cargo on the same flight. Such a plane will gener¬ally carry unitized cargo loads on the upper deck of the aircraft forward of the passenger compartment. Some cargo is carried on virtually all scheduled passenger flights in the belly pits below the passenger cabin.

Combination in Restraint of Trade - law

An understanding or agreement between two or more individuals or legal entities to do the following.

(1) restrict competition

(2) monopolize trade

(3) control pro¬duction, distribution and price

(4) otherwise interfere with freedom of trade

Combined Bill of Lading - shipping

A bill of lading covering a shipment of goods by more than one mode of transportation - bill of lad¬ing

Combined Transport - shipping

Consignment sent by means of various modes of transport, such as by rail and by ocean

Combined Transport Bill of Lading - shipping

A bill of lading covering a shipment of goods by more than one mode of transportation - bill of lad¬ing

Comity - law

Courtesy, respect, and goodwill. Government agen¬cies or courts in one jurisdiction, for example, may agree out of comity to give effect to court judgments or arbitra¬tion awards of other jurisdictions.

Command Economy - economics

An economic system where resources and decisions about production are controlled by a central government authority.

Commanditaire Vennootschap = CV - Netherlands

Designation for a limited partnership in which at least one of the partners has general personal lia¬bility and at least one of the other partners has limited lia¬bility

Commerce Business Daily - publication

A daily newspaper published by the U.S. Department of Commerce which lists government pro¬curement invitations and contract awards, including for¬eign business opportunities and foreign government procurements. Available from: U.S. Department of Com¬merce, 1401 Constitution Ave., NW, Washington, DC 20230 USA

Commerce Control List = CCL - U.S.

A list of all items—commodities, software, and techni¬cal data—subject to U.S. Bureau of Industry and Security (formerly the Bureau of Export Administration) export con¬trols. Incorporates items controlled for foreign policy and other reasons. The list adopts a totally new method of catego¬rizing commodities and is divided into 10 general categories.

(1) materials

(2) materials processing

(3) electronics

(4) computers

(5) telecommunications and cryptography

(6) sensors

(7) avionics and navigation

(8) marine technology

(9) propulsion systems and transportation equipment

(10) Miscellaneous

Commercial Bank – banking

A bank that specializes in accepting demand de¬posits (deposits that can be withdrawn on demand by the depositor) and granting loans

Commercial Bill of Exchange

bill of exchange

Commercial Cash Entry Processing System = CCEPS - Canada Customs

A Canada Border Services Agency (CBSA) self-serve automated system designed to facilitate the document preparation process required for the clear¬ance of commercial importations. Personal computers are located at counters in designated customs offices. Based on importation information that the importer inputs for goods, CCEPS calculates the applicable duties and taxes. It then generates a completed hard copy of Canadian Im¬port Form B3. A Canadian customs office?enters the data from Form B3 into the Accelerated Commercial Release Operation Support System (ACROSS) system and for¬wards the form to the cashier. Once the importer has ac¬counted for the goods, he or she receives a copy of the form stamped “duty paid” and can take delivery of goods

Commercial Credit - banking

A letter of credit used to facilitate a sale of goods by insuring that the seller will be paid once the seller has complied with the terms of credit that the buyer obtains. A letter of credit is usually issued by a bank (the issuer) on the request of its client (the buyer) to assure the seller that the buyer will pay for the goods sold - letter of credit